Our new suitability system has been created to bring risk alignment between a client’s measurable risk tolerance and their portfolio to life.
For the first time, you can expose your client to a system that delivers the best aspects of psychometric testing, and behavioral assessment in a single, highly engaging digital solution.
We have constructed the end-to-end journey to help wealth managers build the right type of portfolios for their clients, portfolios that represent the right risk/reward trade-offs, both in terms of risk tolerance as well as risk capacity.
Furthermore, the system can fully reveal a person’s emotional vulnerability to extreme risk through loss aversion, thus providing a strong indicator of maximum portfolio drawdown.
The risk profiler is not just a system that delivers an absolute risk score, but also delivers components of a risk score to support a risk range.
A risk range gives you the wealth manager the flexibility to deliver different portfolios against short, medium, and long-term goals, while still delivering a suitable solution.
The risk profiler is accompanied by a knowledge and experience module that not only measures each of these key components of suitability but also reveals the confident that sits behind your client’s knowledge.
Our system easily demonstrates clients that are over-confident as well as doubtful, thus helping you to avoid miscommunication.
The Be-IQ Hub accompanies the risk profiler and operates as the central cockpit. Through it you can build invitations linked to your CRM and keep track of the status of all clients that need to go through a suitability process.
Within the BE-IQ Hub it is possible to create full reports for each client and use these as contributions to your own investment proposals. The reports are designed to bring all of the results of suitability process together within a framework that can easily aligned to portfolio risk attributes.
We have made all these components available within a very low cost per client business model.
This means you can use it as little or as often as you like knowing that each client will get a highly personalized experience that is fully digital, engaging, and easy to complete. We feel confident that our approach will assist you with lead generation and provide the right ingredients for better and more transparent conversations.